Posted: 20 Aug 2024 Resource Type: Research Report Download Back Good regulation is vital to a stable and sound financial services sector. It must serve the interests of both consumers and investors alike. Good regulation is an enabler of the wider financial system, providing trust and confidence for everyone’s benefit. In today’s world, regulatory measures are deeply integrated into the life cycle of all financial institutions, be it in insurance, banking, or asset management. The UK has long been recognised as a global thought leader in financial regulation, so it is no surprise that both the Financial Conduct Authority and the Bank of England have been proactive in their approach to technological innovation. In this report, we showcase the benefits of RegTech by presenting successful examples of RegTech implementation which have helped UK firms to cut compliance costs, be more efficient, and save time and resources. This report is intended to foster collaboration, build sustainable growth in the RegTech industry, and in particular, motivate UK organisations to use, invest, and embrace the value that RegTech can bring. We believe that RegTech's adoption can enhance the competitiveness of the UK financial services sector and make it a safer and stronger place to do business. "A financial services sector that is robustly compliant can only be good for the economic development of the UK.” Dr Sian Lewin With thanks to members of the RegTech Platform Strategy Group who provided commentary on the UK RegTech landscape in 2024. Read now at Finextra Policy Chairman Chris Hayward writes for Finextra on how London remains the heart of global RegTech Policy Chairman Chris Hayward writes for Finextra on how London remains the heart of global RegTech Download the report RegTech test | Identifying the policy impact on compliance technology RegTech test | Identifying the policy impact on compliance technology Download the report 2021: A critical year for RegTech 2021: A critical year for RegTech Discover Vision for Economic Growtha roadmap to prosperity Vision for Economic Growtha roadmap to prosperity Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Securing growth: the digital verification opportunity Mar 2025 - A principle-led approach to developing an effective digital verification model tailored to the UK. Securing growth: the digital verification opportunity Research Report A roadmap for the adoption of ISSB Standards Mar 2025 - This report explores key regulatory and legislative considerations for effective adoption of ISSB Standards. A roadmap for the adoption of ISSB Standards Research Report City statistics briefing Mar 2025 - The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. City statistics briefing Research Report Delivering Government missions using impact-led VC and PE Mar 2025 - How can we boost economic growth, build a future-ready NHS, and make Britain a clean energy superpower? Delivering Government missions using impact-led VC and PE